
\begin{table}
\begin{center}
\begin{tabular}{l c c c c}
\hline
 & Enf. & Enf. & N. Enf. & N. Enf. \\
\hline
Firm Party                       & $-1.217$      & $-1.510$      & $-1.389$     & $-1.583$      \\
                                 & $(1.315)$     & $(1.612)$     & $(1.054)$    & $(1.295)$     \\
Alignment                        & $-0.923^{**}$ & $-1.094^{**}$ & $-0.617^{*}$ & $-0.963^{**}$ \\
                                 & $(0.343)$     & $(0.393)$     & $(0.261)$    & $(0.308)$     \\
Firm Party $\times$ Year One     & $0.859$       & $0.859$       & $0.192$      & $0.313$       \\
                                 & $(1.034)$     & $(1.041)$     & $(0.709)$    & $(0.808)$     \\
Alignment $\times$ Year One      & $1.073$       & $1.057$       & $0.756$      & $0.886$       \\
                                 & $(1.161)$     & $(1.146)$     & $(0.813)$    & $(0.908)$     \\
Recent Class Action              &               & $0.114$       &              & $-0.165$      \\
                                 &               & $(0.407)$     &              & $(0.319)$     \\
Recent Restatement               &               & $-2.597^{*}$  &              & $-2.158^{+}$  \\
                                 &               & $(1.307)$     &              & $(1.104)$     \\
Log(Tot. Contribs.)              & $0.506^{*}$   & $0.499^{*}$   & $0.355^{+}$  & $0.379^{+}$   \\
                                 & $(0.237)$     & $(0.244)$     & $(0.193)$    & $(0.215)$     \\
Log(Tot. Comm. Contribs.)        & $0.012$       & $0.006$       & $0.006$      & $-0.000$      \\
                                 & $(0.031)$     & $(0.034)$     & $(0.024)$    & $(0.027)$     \\
Log(Tot. Lobbying Exp.)          & $0.005$       & $-0.015$      & $0.015$      & $0.001$       \\
                                 & $(0.027)$     & $(0.030)$     & $(0.027)$    & $(0.031)$     \\
Log(Tot. SEC-Rel. Lobbying Exp.) & $0.039$       & $0.043$       & $0.038$      & $0.045$       \\
                                 & $(0.030)$     & $(0.032)$     & $(0.027)$    & $(0.029)$     \\
SBC                              & $0.207$       & $0.244$       & $0.204$      & $0.183$       \\
                                 & $(0.258)$     & $(0.306)$     & $(0.177)$    & $(0.236)$     \\
HFSC                             & $-0.044$      & $-0.023$      & $0.070$      & $0.036$       \\
                                 & $(0.314)$     & $(0.396)$     & $(0.222)$    & $(0.316)$     \\
S. Approp.                       & $0.099$       & $0.286$       & $0.109$      & $0.310$       \\
                                 & $(0.282)$     & $(0.326)$     & $(0.232)$    & $(0.271)$     \\
H. Approp.                       & $0.628$       & $0.860^{*}$   & $0.576^{+}$  & $0.780^{*}$   \\
                                 & $(0.384)$     & $(0.438)$     & $(0.331)$    & $(0.372)$     \\
Log(CD Unemp. Rate)              &               & $0.486$       &              & $0.622$       \\
                                 &               & $(0.655)$     &              & $(0.488)$     \\
Log(CD Finance Workers)          &               & $0.733$       &              & $0.438$       \\
                                 &               & $(0.636)$     &              & $(0.526)$     \\
Log(Assets)                      &               & $0.523$       &              & $0.415$       \\
                                 &               & $(0.354)$     &              & $(0.286)$     \\
Log(Employment)                  &               & $0.262$       &              & $0.225$       \\
                                 &               & $(0.346)$     &              & $(0.284)$     \\
Leverage                         &               & $0.768$       &              & $0.281$       \\
                                 &               & $(0.478)$     &              & $(0.392)$     \\
ROA                              &               & $0.853$       &              & $0.042$       \\
                                 &               & $(2.623)$     &              & $(2.190)$     \\
Operating Margin                 &               & $0.429$       &              & $0.476$       \\
                                 &               & $(1.061)$     &              & $(0.912)$     \\
Finance $\times$ Year            &               & $-0.037$      &              & $-0.035$      \\
                                 &               & $(0.067)$     &              & $(0.057)$     \\
\hline
Firm FE                          & \checkmark    & \checkmark    & \checkmark   & \checkmark    \\
Year FE                          & \checkmark    & \checkmark    & \checkmark   & \checkmark    \\
Num. obs.                        & $1969$        & $1626$        & $1972$       & $1629$        \\
Num. groups: gvkey               & $192$         & $165$         & $194$        & $167$         \\
Num. groups: year                & $12$          & $12$          & $12$         & $12$          \\
Deviance                         & $1378.627$    & $1113.468$    & $1014.479$   & $817.426$     \\
Log Likelihood                   & $-689.314$    & $-556.734$    & $-824.098$   & $-642.900$    \\
Pseudo R$^2$                     & $-0.079$      & $-0.163$      & $-0.022$     & $-0.102$      \\
\hline
\multicolumn{5}{l}{\scriptsize{$^{***}p<0.001$; $^{**}p<0.01$; $^{*}p<0.05$; $^{+}p<0.1$}}
\end{tabular}
\caption{Statistical models}
\label{table:coefficients}
\end{center}
\end{table}
